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Geovin Andres
Geovin is 27 years old and works as a butcher in the market. He lives with his wife and two children ages 9 and 3, in an urban area called Orquideas, which means Orchids. The town was named for the discovery of its many orchids and you'll find a park full of the flowers there. Geovin's mother taught him about the business and how to buy meat at the best prices. When she became ill, Geovin took charge of the business. He's been running the small butcher's shop for 8 years, working on his own from very early morning when he buys the meat, until the end of the day when the market closes. Geovin aspires to grow his business into a large shop. For that he not only needs to continue working hard, but also needs capital to invest. He is requesting a loan to purchase more meat, as well as a freezer. In the next 5 years, he would like to be able to purchase a car so that he can transport the meat more easily.
View original language description ↓
Geovin de 27 años, es carnicero en un mercado. Vive con su esposa y dos hijos de 9 y 3 años en una zona urbana llamada Orquídeas porque en su descubrimiento descubrieron muchas flores y en la actualidad hay un parque de estas flores.

La mama de Geovin le enseño como atender el negocio de carnes y como comprarla a un bajo costo pero cuando ella se enfermo tuvo que hacerse cargo del negocio de carnes para poder mantener a su mama. En la actualidad ya tiene 8 años con el puesto de carnes en el mercado, trabaja solo desde muy temprano cuando comprar la carne hasta que cierran el mercado la libra de carne la vende a $ 2.5, la libra de hueso a $ 1.00.

Tiene muchas aspiraciones para tener un negocio muy grande de carnes pero para ello debe trabajar y tener capital por eso quiere comprar con el préstamo carnes y un congelador. En los próximos 5 años el quiere tener un carro para poder transporta la carne con más facilidad.

Additional Information

About Banco D-MIRO

Banco D-MIRO is a microfinance institution that serves the most vulnerable sectors of Ecuador’s economy. It offers very small loan sizes without requiring collateral, expanding access to borrowers who would not otherwise be able to access capital to start and grow their own businesses. It also specifically targets borrowers who are excluded from formal financial systems due to race, ethnicity, gender, disability or illness.

About Ecuador

  • $10,200
    Average annual income
  • 24
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Geovin Andres to purchase meat and a freezer to help grow his butcher business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 25, 2010
Listed
Nov 17, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2011